Production in construction down by 1.1% in Euro area and by 1.2% in EU

June 30, 2022

According to estimates from the statistical office of the European Union (Eurostat), in April 2022, compared with March 2022, seasonally adjusted production in the construction sector decreased by 1.1% in the euro area and by 1.2% in the EU. In March 2022, production in construction increased by 0.1% in the euro area and the EU. Whilst a comparison of April 2022 versus April 2021 revealed that production in construction increased by 3.0% in the euro area and the EU.

In April 2022, relative to March 2022, civil engineering in the euro area contracted by 5.5% while building construction rose by 0.1%. For the same comparable period, civil engineering in the EU decreased by 6.1% and building construction by 0.2%.

Among the Member States for which data are available, the largest month-over-month decreases in production in construction were recorded in Slovenia (-7.4%), Hungary (-5.9%), and Poland (-5.1%). Increases were observed in France (+1.2%), Finland (+0.9%) and Spain (+0.2%).

As it relates to the annual comparison, civil engineering decreased by 1.0% and building construction increased by 3.9% in the euro area in April 2022 relative to April 2021. In the EU, civil engineering decreased by 0.7%, while building construction increased by 4.1%.

Among the Member States for which data are available, the largest annual increased in production in construction were observed in Italy (+16.9%), Poland (+11.6%) and Slovenia (+7.7%). The largest decreases were recorded in Romania (-8.1%), Spain (-3.8%) and Slovakia (-2.5%).

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2022-06-30T12:27:33-05:00